Seller's Agent in 2018
Edward Murphy
7 Hills Real Estate
(508) 633-0222
8 Total Sales
120 Dorchester St Worcester, MA 01604
Union HIll Neighborhood
21
Beds
9
Baths
7,900
Sq Ft
0.25
Acres
About This Home
As of October 2018Opportunity to purchase this TURN KEY 9 UNIT apartment building bringing in ($7,975/mo + coin opp) with HUGE UPSIDE potential in the hot Worcester rental market. This is a great professionally managed, fully leased investment property with all tenants paying rent. Below market rents for its current condition with ability to increase rents with the building as is. Owner leased units below market to attract better quality tenants. Property offers huge upside potential of $11,000 + ( 3 - 3 Beds x $1,400, 6 - 2 Beds x $1,200) with minimal unit upgrades. The building consist of an original 3 family that is all large 3 bedrooms with a 6 unit addition in 1990 consisting of all 2 bedrooms. All units deleaded when owner purchased the property, owner is missing one certificate. Tons of off street parking and coin opp laundry make this a great investment opportunity. Tenants pay individually metered Gas Heat, Electric an Hot Water.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 0.25
Additional Features
- Porch
- Year Round Access
- Basement
Listing and Financial Details
- Assessor Parcel Number M:35 B:002 L:63+64
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2018 10/01/18 | Sold | $678,000 | -2.9% | $86 / Sq Ft |
| 07/17/2018 07/17/18 | Pending | -- | -- | -- |
| 07/11/2018 07/11/18 | For Sale | $698,000 | +36.9% | $88 / Sq Ft |
| 08/05/2013 08/05/13 | Sold | $510,000 | -7.3% | $65 / Sq Ft |
| 07/06/2013 07/06/13 | Pending | -- | -- | -- |
| 04/17/2013 04/17/13 | For Sale | $550,000 | -- | $70 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Edward Murphy
-
Robert BUDAK
Buyer's Agent in 2018
Robert BUDAK
Keller Williams Pinnacle Central
(508) 868-4439
2 Total Sales
-
M
Seller's Agent in 2013
Mike Russo
Sabrina Evangelista-Courville
-
Linda Rankin
L
Buyer's Agent in 2013
Linda Rankin
Property Investors & Advisors, LLC
(774) 413-0272
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72360071
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